New Wave Group AB (OSTO:NEWA B) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSTO:NEWA B New Wave Group AB OSTO:NEWA B
95 GF Score
Price kr88.75
GF Value kr119.86
Valuation Modestly Undervalued
! 3 Warning Signs
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What is New Wave Group AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


New Wave Group AB  (OSTO:NEWA B) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


New Wave Group AB Cyclically Adjusted PB Ratio Related Terms


New Wave Group AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for New Wave Group AB's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

New Wave Group AB Cyclically Adjusted PB Ratio Chart

New Wave Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.41 3.42 2.97 2.58 2.84

New Wave Group AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.03 2.65 2.72 2.28 2.10

OSTO:NEWA B vs CASY, WSM, ULTA: Cyclically Adjusted PB Ratio Comparison

For the Specialty Retail subindustry, New Wave Group AB's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


New Wave Group AB Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, New Wave Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where New Wave Group AB's Cyclically Adjusted PB Ratio falls into.


OSTO:NEWA B
95GF Score
New Wave Group AB OSTO:NEWA B
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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New Wave Group AB Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

New Wave Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, New Wave Group AB's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=52.793/134.6100*134.6100
=52.793

Current CPI (Jun. 2026) = 134.6100.

New Wave Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 20.004 101.138 26.625
201612 21.232 102.022 28.014
201703 42.655 102.022 56.280
201706 20.921 102.752 27.407
201709 21.383 103.279 27.870
201712 22.830 103.793 29.609
201803 23.415 103.962 30.318
201806 24.282 104.875 31.167
201809 24.663 105.679 31.415
201812 25.882 105.912 32.895
201903 26.729 105.886 33.980
201906 52.964 106.742 66.792
201909 28.159 107.214 35.354
201912 28.418 107.766 35.497
202003 29.689 106.563 37.503
202006 28.637 107.498 35.860
202009 29.093 107.635 36.384
202012 29.057 108.296 36.117
202103 30.641 108.360 38.064
202106 63.244 108.928 78.155
202109 33.555 110.338 40.936
202112 34.424 112.486 41.195
202203 36.112 114.825 42.334
202206 37.894 118.384 43.088
202209 41.989 122.296 46.217
202212 44.394 126.365 47.291
202303 46.023 127.042 48.765
202306 46.623 129.407 48.498
202309 48.082 130.224 49.702
202312 48.689 131.912 49.685
202403 51.454 132.205 52.390
202406 49.199 132.716 49.901
202409 49.658 132.304 50.523
202412 54.393 132.987 55.057
202503 52.160 132.825 52.861
202506 49.319 133.699 49.655
202509 50.141 133.480 50.565
202512 51.429 133.380 51.903
202603 53.487 133.550 53.912
202606 52.793 134.610 52.793

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is New Wave Group AB (OSTO:NEWA B) Overvalued in 2026?

Based on GuruFocus' analysis, New Wave Group AB stock appears to be undervalued. The current stock price of kr88.75 is trading 26% below its estimated GF Value™ of kr119.86. GuruFocus considers New Wave Group AB to be Modestly Undervalued.

Key valuation signals for OSTO:NEWA B:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: kr119.86 vs. price of kr88.75 (26% below fair value)
  • GF Score™: 95/100 with 3 warning signs

No single metric tells the full story. See the OSTO:NEWA B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New Wave Group AB Business Description

Address Kungsportsavenyen 10, Gothenburg, SWE, 41136
New Wave Group AB is a Sweden-based company that designs, acquires, and develops brands and products in the corporate promo, gifts, and home furnishings sectors. The group achieves synergies by coordinating the design, purchasing, marketing, warehousing, and distribution of its product range. To ensure good diversification, the Group markets its products in the corporate promo market and the retail market. The group divides its operations into three operating segments: Corporate, Sports and Leisure, and Gifts and Home Furnishings. It derives maximum revenue from the Corporate segment. The firm generates the majority of its revenue from Promo sales channel.
95GF Score

Get the complete analysis for OSTO:NEWA B

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr88.75
Price
kr119.86
GF Value